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Questions. Answered Honestly.

Won't removing parking requirements make the parking problem worse?

The data says the opposite. Wall Street has 1,700 spaces at 48% peak occupancy — 880+ spaces empty on the busiest day of the week. The parking study found zero capacity issues at any facility. District parking means managing what we have, not pretending it doesn't exist.

Will this bring a flood of massive new buildings?

No. Building size, height, setbacks, and design standards are completely unchanged. The only thing changing is how many apartments can fit inside those buildings — and on what terms.

What about affordable housing — will this reduce it?

No. Wall Street already has more affordable housing than almost any other neighborhood in Norwalk. Wall Street Place is 100% affordable. 24 Belden is 30% affordable — triple the city requirement. And 105 apartments rent 23% below the Affordable threshold with no program at all. The small-project fee alternative keeps money flowing to the city's affordable housing fund.

Who benefits from removing the unit cap?

People who want to live in a walkable, urban neighborhood — and can't afford to because the only options are large, expensive apartments. Studios, one-bedrooms, live/work spaces. The people who make Wall Street alive.

What's the "19 units or fewer" threshold about?

Small projects face the same compliance requirements as 200-unit buildings. That
doesn't make sense. Projects of 19 units or fewer would pay a fee to the city's Affordable Housing Fund instead. Larger projects follow standard rules.

This sounds like it benefits developers. How does it help residents?

More housing options = more people = more activity = more businesses = more reasons to visit = higher property values for everyone. It also produces more naturally affordable units without subsidy — which benefits renters.

Is this permanent?

No. It's a pilot — 3 to 5 years. Annual monitoring. If it doesn't work, the old rules come back. We want to try.

Has anything like this been tried before?

Yes — in Norwalk. The previous zoning code included parking exemptions near
municipal facilities and a higher workforce housing threshold for small projects. The 2023 citywide rewrite removed them. We are asking to restore what worked.

Who is organizing this?

The Wall Street Neighborhood Association — the community organization representing residents, business owners, and property owners in the district. We are supported by local attorneys, planners, and longtime neighborhood stakeholders.

How do I sign?

Go to /sign. Takes 60 seconds.

What happens after I sign?

The petition will be submitted to the Norwalk Planning & Zoning Commission. We will notify signers of public hearing dates and opportunities to speak.

Is this just a Jason Milligan thing?

No. The petition is organized by the Wall Street Neighborhood Association. Multiple property owners, business owners, residents, and community members are involved. The initiative is open to anyone who cares about Wall Street. The proposed changes apply equally to every property owner in the district, not to any single developer.

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